Cool, thanks for the verification. I was talking a... @beefyfinance

Asked 1085 days ago
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Cool, thanks for the verification. I was talking about this with a friend between the stETH and stMATIC being different. It can sucks to trade into a rebase token.

asked 1085 days ago

1 Answers

Answer2: Trading into a rebase token can be tricky, as the value of the token can fluctuate based on the supply and demand of the token. The difference between stETH and stMATIC is that stETH is a rebase token, meaning it is designed to maintain a constant value, while stMATIC is a non-rebase token, meaning its value can fluctuate. To make trading into a rebase token easier, wStETH was created. wStETH is a wrapped version of stETH, which is pegged to the value of ETH. This means that when you trade into wStETH, you know that the value of the token will remain the same, and you can be sure of the amount of ETH you will receive in return.
answered 1085 days ago
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Yeah that’s why wStETH exist
answered 1085 days ago

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